PROCUREMENT INSIGHTS
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“Procurement used to be seen as overly technical and not being very forward-thinking technology-wise . Today , procurement teams are now very eager to discuss adopting new technology ”
— Johan-Peter Teppala , CEO , Sievo has evolved in terms of technology ,” he explains . “ Procurement used to be seen as overly technical and not very forward-thinking technology-wise . Today , procurement teams are now very eager to discuss adopting new technology . We have to think about how we could augment and use technology to expand our capabilities rather than worry that technology will take our jobs away . It ’ s important we don ’ t see technology as a threat but consider technology as an advantage to move forward .”
With a great emphasis put on bringing valuable procurement data together through artificial intelligence ( AI ), Teppala understands the importance of operating with a datadriven approach and implementing technology in the right way to achieve results . “ There is so much data at companies ’ fingertips these days , such as different monitoring , trends , alternative views and risk information . You need to get a handle on all of it .” Through the introduction of AI , it has allowed companies to decrease the number of repetitive tasks and enable machine learning to speed operations
JULY 2019